Flexible Retail
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Ground-floor space offers tenant-branded storefront potential along Michigan Avenue.
Property Size3,928 SF
Days on Market1271
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
3,928 SF
Property subtype
OFFICE
Listing Agency:
Transwestern | Chicago
(312) 257-2892
Listed By:
John Nelson
Source:
Moodyscre
Added: Feb 7, 2023
Changed: Jul 31
Last Checked: Aug 1 at 10:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Transwestern | Chicago
Investment Insights
Based on property information with market context.
444 North Michigan Avenue offers ground-floor retail space within a Class A office tower. The space is being reconfigured to accommodate flexible retail configurations, with the ability to create tenant-branded storefronts and more than 80 feet of frontage along the Magnificent Mile.
The property is positioned at the base of a 518K SF+ office tower at 444 N Michigan Ave in Chicago. Michigan Avenue draws tourists, office workers, local residents, and shopping populations, with nearly 30 million visitors traveling the avenue every year. The location provides a prominent setting for retailers seeking a presence along Chicago’s high street.
The property is positioned at the base of a 518K SF+ office tower at 444 N Michigan Ave in Chicago. Michigan Avenue draws tourists, office workers, local residents, and shopping populations, with nearly 30 million visitors traveling the avenue every year. The location provides a prominent setting for retailers seeking a presence along Chicago’s high street.
Key Highlights
- Ground‑floor retail space at the base of a 518K SF+ Class A office tower
- More than 80 feet of frontage along the Magnificent Mile
- Flexible retail configurations available as the ground floor is reconfigured
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
34,739
Businesses Nearby
592k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Hotels & Casinos 25%
Apparel 23%
Shops & Services 5%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.2 miles
McDonald's
Dining
65,567 visits/mo
0.4 miles
McDonald's
Dining
52,443 visits/mo
0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.4 miles
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor space offers tenant-branded storefront potential along Michigan Avenue.
Where is this retail space located?
The property is located at 444 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Ground‑floor retail space at the base of a 518K SF+ Class A office tower; More than 80 feet of frontage along the Magnificent Mile; Flexible retail configurations available as the ground floor is reconfigured
